Bakkt reported revenue of $170.15M and net income of $80.84M for the quarter ended Jun 2026, down 70.6% year over year. This income statement covers 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 9.14M | 12.53M | 14.04M | 13.21M | 15.91M | 13.22M | 347.63M | 204.77M | 161.37M | 854.58M | 509.90M | 328.42M | 1,748.16M | 1,074.91M | 577.88M | 402.21M | 299.17M | 243.59M | 170.15M | |||||
| Cost of RevenueCost of Rev | 0.34M | 0.73M | 0.49M | 0.49M | 0.64M | 0.67M | 331.81M | 189.43M | 196.91M | 831.97M | 491.70M | 312.84M | 1,766.69M | 1,054.63M | 561.07M | 396.81M | 295.87M | 239.97M | 167.94M | |||||
| Gross Profit | 8.80M | 11.80M | 13.54M | 12.73M | 15.27M | 12.55M | 15.82M | 15.35M | -35.54M | 22.61M | 18.20M | 15.58M | -18.54M | 20.27M | 16.81M | 5.40M | 3.31M | 3.62M | 2.21M | |||||
| Operating items | ||||||||||||||||||||||||
| Depreciation & Amortization - TotalDep. & Amort. (Tot) | 0.50M | 0.70M | 0.90M | 1.50M | 1.00M | 1.30M | 1.40M | 1.40M | 0.10M | 0.10M | 0.10M | 0.20M | 0.20M | 0.20M | 0.10M | 0.10M | 0.20M | |||||||
| Research & DevelopmentR&D | 3.15M | 4.36M | 4.16M | 4.14M | 4.42M | 5.72M | 4.39M | 5.54M | -3.16M | 5.92M | 3.65M | 2.16M | 2.17M | 1.96M | 1.34M | 2.21M | 1.80M | 1.79M | 1.70M | |||||
| Selling, General & AdministrativeSG&A | 2.24M | |||||||||||||||||||||||
| Restructuring CostsRestructuring | 1.77M | 0.52M | 0.18M | 0.45M | 4.53M | 4.25M | 17.02M | -0.74M | -12.75M | 6.14M | 0.93M | 0.42M | 0.70M | 0.23M | 5.11M | |||||||||
| Other Operating ExpensesOther Opex | 31.85M | 55.64M | 52.54M | 1,602.62M | 337.44M | 47.70M | 376.01M | 251.44M | 182.73M | 874.26M | 527.24M | 338.79M | 1,793.36M | 1,078.81M | 582.68M | 419.96M | 388.29M | 258.63M | 187.86M | |||||
| Operating ExpensesOpex | 39.00M | 61.02M | 57.59M | 1,608.11M | 347.88M | 58.67M | 398.72M | 257.63M | 168.21M | 886.42M | 531.91M | 341.47M | 1,796.23M | 1,081.19M | 584.22M | 427.47M | 390.19M | 260.52M | 189.76M | |||||
| Operating IncomeOp. Inc | -29.86M | -48.49M | -43.55M | -1594.90M | -331.98M | -45.45M | -51.09M | -52.86M | -6.85M | -31.84M | -22.02M | -25.14M | -9.99M | -15.44M | -16.12M | -25.26M | -91.02M | -16.92M | -19.61M | |||||
| EBIT | -29.86M | -48.49M | -43.55M | -1594.90M | -331.98M | -45.45M | -51.09M | -52.86M | -6.85M | -31.84M | -22.02M | -25.14M | -9.99M | -15.44M | -16.12M | -25.26M | -91.02M | -16.92M | -19.61M | |||||
| Non-operating items | ||||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | 0.00M | |||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 1.12M | -0.46M | 0.37M | 0.70M | -1.46M | -0.02M | -0.33M | 0.38M | 0.15M | 0.72M | 0.45M | 0.26M | 0.24M | 2.00M | -2.04M | 40.92M | -21.42M | 0.85M | 0.28M | |||||
| Non Operating IncomeNon Op. Inc. | 10.56M | -13.49M | 21.37M | -29.75M | 34.83M | -10.77M | 3.71M | 22.42M | 5.50M | 100.74M | ||||||||||||||
| Net income details | ||||||||||||||||||||||||
| EBT | -28.84M | -46.46M | -32.74M | -1593.15M | -328.90M | -44.84M | -50.36M | -51.52M | -6.58M | -21.12M | -35.44M | -3.88M | -39.75M | 19.44M | -26.82M | -21.58M | -68.43M | -11.42M | 81.13M | |||||
| Tax ProvisionsTaxes | 0.01M | -3.14M | -5.10M | -0.61M | -2.48M | 0.02M | 0.15M | 0.23M | -0.05M | 0.16M | 0.07M | -0.11M | -0.01M | 0.05M | 0.08M | -0.03M | -0.15M | 0.01M | 0.01M | |||||
| Profit After TaxPAT | -28.85M | -43.32M | -27.64M | -1592.55M | -326.43M | -44.86M | -50.51M | -51.75M | -78.69M | -21.27M | -35.51M | -6.29M | -40.37M | 16.24M | -30.15M | -23.16M | -95.16M | -11.65M | 80.84M | |||||
| Equity Income | -0.22M | -0.28M | ||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -36.19M | -23.74M | -1124.42M | -227.48M | -30.88M | -33.66M | -34.42M | -51.99M | -13.11M | -19.09M | -3.40M | -21.19M | 8.53M | -15.42M | -8.24M | -9.89M | ||||||||
| Income from Continuing OperationsIncome (Continuing) | -28.85M | -43.32M | -27.64M | -1592.55M | -326.43M | -44.86M | -50.51M | -51.75M | -6.53M | -21.27M | -35.51M | -3.76M | -39.74M | 19.39M | -26.89M | -21.55M | -68.28M | -11.43M | 81.12M | |||||
| Income from Discontinued OperationsIncome (Discontinued) | -2.53M | -0.63M | -3.15M | -3.26M | -1.60M | -26.56M | ||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -28.85M | -43.32M | -27.64M | -1592.55M | -326.43M | -44.86M | -50.51M | -51.75M | -6.53M | -21.27M | -35.51M | -6.29M | -40.37M | 16.24M | -30.15M | -23.16M | -94.84M | -11.43M | 81.12M | |||||
| Income towards Parent CompanyParent Net Inc | -28.85M | -43.32M | -27.64M | -1592.55M | -326.43M | -44.86M | -50.51M | -51.75M | -6.53M | -21.27M | -35.51M | -6.29M | -40.37M | 16.24M | -30.15M | -23.16M | -94.84M | -11.43M | 81.12M | |||||
| Net Income towards Common StockholdersNet Income | -28.85M | -43.32M | -27.64M | -1592.55M | -326.43M | -44.86M | -50.51M | -51.75M | -6.53M | -21.27M | -35.51M | -6.29M | -40.37M | 16.24M | -30.15M | -23.16M | -94.84M | -11.43M | 81.12M | |||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -1.39 | -0.76 | -0.39 | -20.79 | -4.59 | -0.55 | -0.56 | -0.57 | -0.07 | -4.84 | -5.76 | -0.99 | -6.89 | 2.49 | -4.42 | -1.78 | -7.84 | -0.40 | 1.97 | |||||
| EPS (Diluted) | -0.17 | -0.39 | -20.79 | -4.59 | -0.55 | -0.56 | -0.57 | -0.07 | -4.84 | -5.76 | -0.99 | -6.89 | 2.26 | -4.42 | -1.78 | -7.84 | -0.40 | 1.95 | ||||||
| Shares Outstanding | 20.74M | 54.02M | 57.16M | 71.23M | 76.59M | 71.17M | 81.88M | 89.84M | 91.36M | 89.08M | 4.40M | 6.16M | 6.36M | 5.86M | 6.53M | 6.83M | 13.02M | 12.09M | 28.38M | 41.18M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 54.02M | 258.62M | 71.23M | 76.59M | 71.17M | 81.88M | 89.84M | 91.36M | 89.08M | 4.40M | 6.16M | 6.36M | 5.86M | 7.17M | 6.83M | 13.02M | 12.09M | 28.38M | 41.69M | |||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 20.74M | 263.44M | 263.17M | 263.78M | 264.04M | 264.41M | 265.90M | 274.57M | 274.66M | 274.85M | 13.07M | 13.51M | 13.66M | 13.69M | 13.83M | 14.15M | 23.64M | 23.64M | 30.71M | 45.06M | ||||
| EBITDA | -29.86M | -47.99M | -42.85M | -1594.00M | -330.48M | -44.45M | -49.79M | -51.46M | -5.45M | -31.74M | -21.92M | -25.04M | -9.99M | -15.24M | -15.92M | -25.06M | -90.92M | -16.82M | -19.41M | |||||
| Tax Rate | -0.04% | 6.75% | 15.58% | 0.04% | 0.75% | -0.04% | -0.30% | -0.45% | 0.70% | -0.74% | -0.21% | 2.92% | 0.02% | 0.25% | -0.28% | 0.12% | 0.22% | -0.11% | 0.01% |